Nilsie1988

XRP getting another run upwards?

POLONIEX:XRPBTC   Ripple / Bitcoin
A couple days ago XRP had nice run towards around 7400 satoshi. After that it retraced to its 0.786 fib. level. This can be a good moment to pick up some XRP's.

Last time it bounced its head on a longer term resistance line. I think this can happen again.
I hope we can go as high as 8800.

Buy-in: Anything below 5200 is good in my opinion, or you can wait for the break-out of the purple resistance line.
Stop-loss: set a stop-loss a little below the 0.786 fib. level around 4600.
Sell-off: It is probably a good idea to scale out some profits at last times high at around 7400. Leave the rest for a higher run up.

Good luck!
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